Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS Wall Street 30 has been in an uptrend. The upward move has been stuck below level 35600 since August 17. Thereafter, the index fell to the low of level 34600. For the past week, the index […]
EUR/JPY is trading in the green at 129.02 level and it seems determined to take out the immediate resistance levels. The pair is at resistance, so we’ll have to wait for a valid breakout before considering going long. The bias is still bearish, that’s why we have to wait for confirmation that EUR/JPY will develop […]
Wednesday began on a quiet note for Ripple (XRP) as the cryptocurrency claws its way back above the $1.1500 level, following yesterday’s 5% dip. At press time, the sixth-largest cryptocurrency trades at $1.1560 (+1.81%). The correction in XRP came after a sharp rejection in Bitcoin from the $50,000 mark, which triggered a market-wide sell-off. Meanwhile, […]
STELLAR Price Analysis – August 25 The bulls may push the price down to the $0.30 level and may penetrate it, if this happen, price declination to $0.22 and $0.16 support levels is possible. Failure to break down $0.30 level may lead to ranging movement, resistance levels above current price can be found at $0.42, […]
EURCHF Price Analysis – August 24 EURCHF keeps retesting between the 1.0070 resistance key level and the 1.0700 support level. The market has been kept back by its bearish trend. This is due to price rejection between the two key zones. The EURCHF market has been battling to continue its bearish trend and has been […]
Key HighlightsLTC/USD declines to $174 lowLitecoin targets $220 high Litcoin ( LTC) Current StatisticsThe current price: $175.48Market Capitalization:$14,739,779,282Trading Volume: $1,959,261,376Major supply zones: $400, $420, $440Major demand zones: $200, $180, $160 Litecoin (LTC) Price Analysis August 24, 2021Today, Litecoin’s (LTC) price has fallen to the low of $175 at the time of writing. There is a […]
In a tweetstorm on Tuesday, European Central Bank (ECB) executive board member Isabel Schnabel summarized Sunday’s interview with a German magazine, saying that the rise in price pressures in the Euro area this year is only temporary. The ECB official’s soothing remarks have had no effect on the EURUSD, which is flirting with day lows […]
Key Support: 0.8545 Key Resistance: 0.8590 The EURGBP rejected the top of the immediate bullish structure and dropped -0.60% to retest the previous broken highs (Jul 27- Aug 2 highs). This market is trading inside a very structured bullish move creating bullish divergence since the rally from last week’s lows every time it dips higher. […]
Key Resistance: 1.3750 Key Support: 1.36000 The GBPUSD started the week o a bullish note reversing from around last month’s lows but if we look at the mid term in this market we can see that this bullish move is only a 50% pullback from last week’s bearish range. If we look at the past […]
